Page 8 - Indian Government

Govt eyes Rs 1 trillion in dividend from RBI to meet budget deficit target

A big surplus transfer will help the government in meeting any shortfall in disinvestment receipts and create room for funding welfare programmes after the elections

Bond yields seen easing as Indian govt cuts T-bill supply for 6 weeks

The 7.18 per cent 2033 bond yield is expected to trade between 7.05 per cent and 7.10 per cent, after ending at 7.0925 per cent, a trader with a state-run bank said

Raft of exemptions for government companies covers Sebi, MCA, CCI

The rules surrounding MPS requirements have differed for PSUs compared to their private sector counterparts

Govt should strongly condemn killing of ex-Army officer in Gaza: Gokhale

Trinamool Congress MP Saket Gokhale on Wednesday wrote to External Affairs Minister S Jaishankar, urging that the government strongly condemn the killing of a former Indian Army officer in Gaza. Col Waibhav Anil Kale, 46, who took premature retirement from the Indian Army in 2022, had joined one of the UN agencies three weeks ago. He was killed in war-torn Rafah in Gaza on Monday morning, becoming the "first international casualty" for the world body since the Israel-Hamas conflict started last year. "It is shocking that a retired Indian Army colonel was killed by Israel in Gaza and the shameless Modi Govt hasn't uttered a single word," Gokhale said in a post on X, where he shared the letter written to the External Affairs Minister. Gokhale said the former Army officer was travelling in a clearly-marked UN vehicle when he was killed. "It is clear from reports that Col. Kale was killed when his convoy was attacked in a strike by the Israel Defense Forces (IDF). There is ...

With IPO in mind, Flipkart may move domicile from Singapore to India

The move by the company, valued at $33 billion, may provide a huge tax gain for the Indian govt

Engaging with govt on AI, see big opportunities: Krutrim's Ravi jain

The vision is to enable the developers to do cutting-edge innovation. These platforms or tools that developers need are computing and services and that is what we have opened up

The post-June 4 challenges

Both majority and coalition govts will have to rule by consensus henceforth

Ayushman Bharat Diwas 2024: History, importance, steps to register

On April 30, Ayushman Bharat Diwas, also referred to as Pradhan Mantri Jan Arogya Yojana (PM-JAY) Divas, is observed. The day's objective is to raise awareness of the scheme and its advantages

An agenda for next government

India's growth model needs a serious course correction

Road execution in India to grow 5-8% in FY25 to 12,500-13,000 km: ICRA

Road execution in India is likely to grow 5-8 per cent to 12,500-13,000 km in the current fiscal, after recording a robust expansion of 20 per cent in 2023-24, rating agency Icra said on Tuesday. It added that the pace of execution in this fiscal will be supported by a healthy pipeline of projects, increased capital outlay by the government and focus on completion of projects by Ministry of Road Transport and Highways (MoRTH). Icra noted that road execution was impacted in the first half of FY24 on account of a prolonged monsoon in certain geographies, which affected productive days. According to Icra, the ministry's project award pipeline is healthy, at above 45,000 km as of March 2024. This is despite the awarding being significantly impacted in FY24 amid delay in approval from the Cabinet for the revised cost estimates of Bharatmala Pariyojana Phase 1 (BMP), it added. Consequently, the overall awards declined by 31 per cent to 8,551 km in FY24 from 12,375 km in FY23. Icra poin

VP moves Dhankhar into new official residence with secretariat, pool

New Vice-President Enclave near North Block in central Delhi is the first completed residence under the Central Vista redevelopment plan

Govt hikes windfall tax on crude to Rs 6,800 for 5th time since Feb

The windfall tax, which is revised fortnightly, remains at zero for diesel and aviation turbine fuel

India's income inequality at 100-year high; worse than colonial era: Study

The top 1 per cent of Indians hold the maximum national income share at 22.6 per cent compared to key peers

India plans economic data improvements, long-delayed population census

The Statistics Ministry has made a number of proposals that have been discussed by Prime Minister Narendra Modi's office in the past month, the people said

'Govt exploring partnerships with UN agencies for betterment of tribals'

The government is proactively exploring collaborative partnerships with UN agencies and international foundations to leverage their expertise and resources for the betterment of tribal communities in the country, officials said on Wednesday. Senior officials of the tribal affairs ministry held a crucial meeting with representatives of UN agencies, including World Health Organization (WHO), World Bank, United Nations Development Programme and United Nations Environment Programme, on Tuesday to explore potential collaborations and partnerships in different sectors to enhance tribal development. Vibhu Nayar, the secretary in the ministry, said these partnerships are crucial to achieve sustainable development goals (SDGs) in India. The meeting sought to identify key areas of intervention where UN agencies and international foundations can contribute to tribal development. The participants discussed potential projects and initiatives that can be undertaken in the health, education, ...

International Women's Day 2024: 5 key government schemes for women

International Women's Day 2024: The government has launched several schemes to develop women's skills and help them tackle multiple challenges at their workspaces

Govt's AI advisory leaves experts discontent and calls for clarity

The AI advisory needs to clearly distinguish between 'significant platforms' and startups or smaller companies

AI regulation: Govt needs to be more cautious about what it says and does

The Indian government is in the middle of a longer-term battle with big tech companies, especially those based in the US

Boost GI products as premium goods globally to boost exports: Experts

The government should promote GI (Geographical Indications) products like Kala namak, rice, and Nagpur oranges as premium offerings on the global stage to boost exports of these items as they hold huge potential in different countries, according to experts. They said that a key weakness of Indian GI products compared to similar international goods is the lack of strong marketing and global brand recognition. Many Indian GI products, despite their unique quality and cultural significance, are not as well-known internationally, Global Trade Research Initiative (GTRI) Founder Ajay Srivasatava said. He said that this is due to inadequate branding, promotional activities, and limited access to global markets. Additionally, issues related to consistent quality assurance and the efficient management of GI tags can also hinder the potential for Indian GI products to compete effectively on the international stage. "Strengthening these areas could significantly enhance the global presence a

Scrap 5% Customs duty on newsprint to manage operation cost: INS to govt

The Indian Newspaper Society has urged the government to scrap the five per cent Customs duty on newsprint to allow publishers to manage their operational costs more effectively. In a statement, the INS said a combination of factors affecting the price and availability of newsprint -- geopolitical uncertainties, logistics, rupee depreciation and Customs duty -- have created a formidable burden for publishers in the country. The escalations in the conflict in West Asia, as well as the conflict between Russia and Ukraine, have significantly affected the global supply chain, including for newsprint, the organisation said in its statement issued here on Monday. The Indian Newspaper Society (INS) urgently appealed to the government to reconsider the imposition of five per cent Customs duty on newsprint. "This measure, if withdrawn, would provide much-needed relief to the print media industry, allowing publishers to manage their operational costs more effectively and ensure the continued